[3 June 13] Eurozone unemployment rate reaching record high - English

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Press   tv   ptv   presstv   news   03   june   2013   report   Eurozone   unemployment   rate   reaching   record   high  

Here at one of Europe\'s most respected economic think tanks, Bruegel, researchers and analysts are continuing to crunch the latest unemployment figures which show a record number of people out of work in the eurozone. According to the EU\'s statistical office, Eurostat, within the 17 countries that use the euro, an additional 95,000 people joined the dole queues in April. According to the latest figures there are now 19.4 million unemployed adults in the eurozone. That is 12.2% of the labor force. 3.6 million adults under the age of 25 are without job. In Greece and Spain youth unemployment is running at 60%. And 40% of young adults are without work in Italy. France, Europe\'s second largest economy, is also experiencing record unemployment. Jerome Hughes, Press TV, Brussels

Added by PTV on 04-06-2013
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